Forward Thinking

While the 5% grantmaking payout certainly furthers your foundation’s philanthropic goals, what are you doing with the other 95%? Increasingly, private foundations are exploring the benefits of impact investing, aligning their investment portfolio with their missions to improve their impact. In this podcast, Kristin Hull shares her passion for impact investing, which inspired her to allocate 100% of her family foundation’s assets to mission-related investments. A signatory of the Divest Invest Philanthropy Pledge, Kristin also offers advice on how next-generation trustees can introduce impact investing to their family foundations.

Coventry Edwards-Pitt discusses her book, Raised Healthy, Wealthy & Wise, which features guidance and real-world examples to help parents of means bring up their children to be happy, healthy, and generous adults. Drawing on her many years of professional experience as a nationally recognized wealth advisor, Edwards-Pitt shares her research on successful heirs and uncovers what works—and what doesn’t—in raising wealthy children to lead fulfilling and productive lives.

#NextGenDonors – Who are the next generation donors, and how do they think about philanthropy? Michael Moody, Ph.D. discusses first-of-its-kind research Respecting Legacy, Revolutionizing Philanthropy conducted by The Johnson Center for Philanthropy at Grand Valley State University and 21/64, a nonprofit consulting practice specializing in next gen and multigenerational engagement in philanthropy.